Staff Writer
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Nebraska Attorney General Michael Hilgers filed an antitrust lawsuit on Tuesday against several major heavy-duty truck manufacturers, accusing them of limiting the availability of diesel-powered semi-trucks in favor of electric trucks. The lawsuit alleges that the truck manufacturers conspired to phase out medium- and heavy-duty internal combustion vehicles, a move driven by California’s environmental regulations…
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Prosecutors opposed Donald Trump’s request to dismiss the hush money case now that he is president-elect and asked a judge on Tuesday to establish a schedule to litigate the matter. Trump, 78, originally faced sentencing on November 26, but New York State Supreme Court Justice Juan Merchan paused all proceedings last week at the request…
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Outgoing U.S. Patent and Trademark Office (USPTO) Director Kathi Vidal announced on Monday that she will rejoin her former law firm, Winston & Strawn, as a partner on December 16. Vidal, who previously led Winston’s Silicon Valley office, confirmed her departure from the USPTO last week. President Joe Biden had nominated her for the position…
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The Supreme Court on Monday declined to hear an appeal in an antitrust lawsuit brought by 17 U.S. states against Google, allowing a lower court’s ruling to stand. The decision compels South Carolina’s parks, recreation, and tourism agency to release records that Google sought for its defense. The states accuse Google of maintaining an illegal…
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The U.S. House of Representatives Ethics Committee plans to discuss the next steps on Wednesday in its investigation into President-elect Donald Trump’s attorney general pick, Matt Gaetz, according to two sources familiar with the panel’s plans. These sources requested anonymity to freely discuss the bipartisan panel’s activities. Several Republican senators, who hold the constitutional responsibility…
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The cryptocurrency sector may face less scrutiny as Republican President-elect Donald Trump prepares to reshape policies at the Justice Department and regulatory agencies, according to current and former senior government lawyers who spoke at a conference in New York on Friday. Financial fraud cases will still move forward, but Trump’s administration plans to prioritize areas…
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Intrum (INTRUM.ST), Europe’s largest debt collector, filed for Chapter 11 bankruptcy in the United States on Friday as part of its strategy to restructure its debt. The company has faced challenges stemming from the pandemic, an energy crisis, and two-decade-high interest rates, which failed to trigger a surge in loan defaults. At the end of…
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The U.S. Supreme Court on Tuesday declined to hear a bid by landlord groups challenging New York City’s rent stabilization laws, which cap rent hikes and limit evictions. The justices rejected appeals by property owners who argued that the city’s price and eviction controls violate the Fifth Amendment’s “takings clause,” which prohibits the government from…
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Milbank, known for leading the industry in associate compensation, announced on Monday year-end bonuses ranging from $15,000 to $115,000. The firm revealed its plans in an internal memo, marking another bold move to set the tone for the legal industry. Milbank chair Scott Edelman highlighted the firm’s success, stating, “The firm is having a record…
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U.S. Circuit Judge Andrew Oldham, a prominent conservative voice and a potential nominee for the U.S. Supreme Court, issued a strong warning Thursday against using the criminal justice system to target political opponents. Speaking at the Federalist Society’s annual gathering in Washington, Oldham emphasized the critical need to ensure that no individual faces prosecution solely…
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